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  • Article

Drivers of the Variation in Prosthetic Implant Purchase Prices for Total Knee and Total Hip Arthroplasties

By: Derek A. Haas, Kevin J Bozic, Anthony M. DiGioia, Zirui Song and Robert S. Kaplan
Previous studies have documented wide variation in health-care spending and prices; however, the causes for the variation in supply purchase prices across providers are not well understood. The purpose of this study was to determine the drivers of variation in... View Details
Keywords: Costing; Cost Variation; Total Knee Arthroplasty; Total Hip Arthroplasty; Prosthetic Implant Cost; Health Care and Treatment; Cost Management; Health Industry; Medical Devices and Supplies Industry
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  • Article

Time-Driven Activity-Based Costing in Breast Cancer Care Delivery

By: Navraj S. Nagra, Elena Tsangaris, Jessica Means, Michael J. Hassett, Laura S. Dominici, Jennifer R. Bellon, Justin Broyles, Robert S. Kaplan, Thomas W. Feeley and Andrea L. Pusic
We used time-driven activity-based costing (TDABC) to calculate the complete cost of breast cancer care—initial treatment planning, chemotherapy, radiation therapy, surgical resection and reconstruction, and ancillary services (psychosocial oncology, physical therapy.... View Details
Keywords: Healthcare; Time-Driven Activity-Based Costing; Health Care and Treatment; Cost
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  • March 2017
  • Article

Variation in the Cost of Care for Primary Total Knee Arthroplasties

By: Derek A. Haas and Robert S. Kaplan
The study examined the cost variation across 29 high-volume U.S. hospitals for delivering a primary total knee arthroplasty without major complicating conditions. Hospital and physician personnel costs were calculated using time-driven activity-based costing.... View Details
Keywords: Cost Management; Performance Productivity; Health Care and Treatment; Health Industry
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    Regina E. Herzlinger

    Regina E. Herzlinger is the Nancy R. McPherson Professor of Business Administration at the Harvard Business School. She was the first woman to be tenured and chaired at Harvard Business School and serve on many established and start-up corporate health care/medical... View Details

    Keywords: health care; insurance industry; medical devices; retailing; digital health
    • 15 Jan 2019
    • First Look

    New Research and Ideas, January 15, 2019

    Human Decision Processes Seeker Beware: The Interpersonal Costs of Ignoring Advice By: Blunden, Hayley, Jennifer M. Logg, Alison Wood Brooks, Leslie John, and Francesca Gino Abstract—Prior advice research has focused on understanding when... View Details
    Keywords: Dina Gerdeman
    • 10 Aug 2015
    • Research & Ideas

    New Medical Devices Get To Patients Too Slowly

    implantable defibrillators or transcatheter heart valves, the FDA's regulatory approval process appears to delay those approvals, which in turn adds to development costs borne by device manufacturers,... View Details
    Keywords: by Michael Blanding; Health; Technology
    • 13 Sep 2021
    • Research & Ideas

    Science: The Unlikely Frontier for New Business Ideas

    intensity,” followed by patent filings that didn’t cite papers but referenced another patent that did. The least science-based products offered no connections to past research in their filings. "The added uncertainties and costs of tough... View Details
    Keywords: by Avery Forman

      Robert R. McCormick

      When McCormick inherited The Chicago Tribune from his uncle, it had less than 200,000 subscribers, was the third largest newspaper in Chicago, and was barely surviving. McCormick helped place the paper on solid financial ground even acquiring timber land in Canada to... View Details
      Keywords: Publishing & Print Media
      • 01 Dec 2020
      • News

      Digital Health Care: Empowering Consumers

      sensors, like smart watches, and telemedicine, which is a companion to these sensors. Both have become more powerful and more acceptable to consumers and to the health care industry, which has resisted these innovations for a long time. I am also sanguine about View Details
      Keywords: April White
      • 21 Feb 2017
      • First Look

      First Look at New Research: February 21

      historical long run). Publisher's link: https://www.hbs.edu/faculty/Pages/item.aspx?num=52277 February 2017 Journal of Arthroplasty Drivers of the Variation in Prosthetic Implant Purchase Prices for Total... View Details
      Keywords: Carmen Nobel
      • 17 Jul 2018
      • First Look

      New Research and Ideas, July 17, 2018

      the partner type and private consumption. We estimate our model using the 2013 "Living Costs and Food Survey" database. Publisher's link: https://www.hbs.edu/faculty/Pages/item.aspx?num=54695 forthcoming The Economics of... View Details
      Keywords: Dina Gerdeman
      • 25 Oct 2016
      • First Look

      October 25, 2016

      high-volume U.S. hospitals for delivering a primary total knee arthroplasty without major complicating conditions. Hospital and physician personnel costs were calculated using time-driven activity-based costing. Consumable supply costs,... View Details
      Keywords: Sean Silverthorne
      • 09 Aug 2016
      • First Look

      August 9, 2016

      early mover regulatory advantages for drugs. I find the opposite for medical devices, where pioneer entrants spend 34% (7.2 months) longer than follow-on entrants in regulatory approval. Back-of-the-envelope calculations suggest that the View Details
      Keywords: Sean Silverthorne
      • 14 Nov 2017
      • First Look

      New Research and Ideas: November 14, 2017

      expensive. How can health care organizations change this? One key is to prioritize quality improvement over cost cutting. By harnessing IT to help design better clinical practices, it’s possible to achieve better patient outcomes and... View Details
      Keywords: Carmen Nobel
      • 20 Jan 2015
      • First Look

      First Look: January 20

      Costing to Identify Value-Improvement Opportunities in Healthcare By: Kaplan, Robert S., Mary L. Witkowski, Megan Abbott, Alexis Guzman, Laurence Higgins, John Meara, Erin Padden Abstract—As healthcare providers cope with pricing... View Details
      Keywords: Sean Silverthorne
      • 02 Oct 2018
      • First Look

      New Research and Ideas, October 2, 2018

      Our logistic regression models indicate that (1) realized post-purchase price drops lead to a higher probability of return, and (2) anticipated price drops after purchase lead to a higher probability of using cash on delivery, a payment method with a lower return View Details
      Keywords: Dina Gerdeman
      • 01 Mar 2006
      • News

      The Producers

      vertically integrated,” he notes. “Studios used to be stand-alone companies that were run like fiefdoms. Now they’re run like major corporations answering to shareholders.” Skyrocketing fees for star actors coupled with the high marketing View Details
      Keywords: Julia Hanna; Motion Picture and Sound Recording Industries; Information
      • 01 Jan 2007
      • News

      Hansjörg Wyss, MBA 1965

      instruments and implants have revolutionized the way surgeons treat the traumas that can afflict the human skeleton. While successfully navigating the complexities of this highly competitive industry, Wyss, a lifelong hiker, has... View Details
      • 25 Apr 2017
      • First Look

      First Look at New Research, April 25

      experience. Prioritizing the shortest tasks is particularly detrimental to productivity. Actively grouping similar tasks also reduces productivity, in stark contrast to productivity gains from exogenous grouping, indicating deviation View Details
      Keywords: Sean Silverthorne
      • 05 Nov 2009
      • Research & Ideas

      A Market for Human Cadavers in All but Name?

      the removal, processing, disposal, preservation, quality control, storage, transportation, or implantation of a part," thus allowing operators to procure and supply body parts (National Conference of Commissioners on Uniform State... View Details
      Keywords: by Michel Anteby; Health